"Towson - Pinehurst" Near Towson University 3 Bedroom Cottage with Off Street Parking

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Listing Details

Sold Price
$65,000
Auction Date
Auction Time
2:00 PM
Address
435 Schwartz Avenue, Baltimore County, MD, 21212
County
Baltimore County
Neighborhood
Towson, Pinehurst, Near Towson University
Scroll down for Complete Details, including: property description, additional photos, and Terms of Sale.

Additional Photos

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Robert W. Baker, Attorney
11 E. Lexington Street
Baltimore, MD 21202

REAL ESTATE AUCTION
                                         
TOWSON - "Pinehurst"
Near Towson University

3 - BEDROOM COTTAGE
With Off-Street Parking

Sale On Premises
435 SCHWARTZ AVENUE
Off 6300 York Road
Baltimore County, MD 21212

TUESDAY, OCTOBER 8, 2013
AT 2:00 P.M.


NOTE:  The information contained herein has been obtained from sources deemed reliable and is believed to be accurate.  However, no express or implied warranty is made or may be inferred from any such representation.  Dimensions, square footage and acreage contained herein are more or less.  Prospective purchasers are encouraged to perform their own due diligence, in advance of the auction, regarding the permitted uses of the property.

LOCATION & DIRECTIONS:

435 Schwartz Avenue is located west of the 6300 block of York Road, south of Towson University, north of the Baltimore County line and opposite Forge Park.  The home is within walking distance of shopping, schools and public transportation.  According to the Baltimore County government web site, nearby public schools are West Towson Elementary, Dumbarton Middle and Towson High.  Housing in the area is comprised of a variety of types and styles.

For directions from your location, visit: maps.google.com

 

SITE AREA

Approximately 25' x 148'
Zoning DR. 5.5 residential
All public utilities
Off-street parking
Fenced rear yard


BLOCK PLAT (pdf)

 

IMPROVEMENTS

Two Story Covered Porchfront Semi-Detached Home - according to public tax records, the home was constructed in 1918 and contains 1,224 square feet of living area and 612 square feet of basement space.


Exterior
Vinyl siding
Composition shingle roof with aluminum rain spouts
Vinyl-clad replacement windows


First Floor

  • Foyer - wood floor
    Photos of auction property
     
  • Living Room - carpeting
    Photos of auction property
     
  • Dining Room - carpeting
    Photos of auction property
     
  • Kitchen - vinyl laminate floor, wooden cabinets, laminate counter, gas range/oven, refrigerator
    Photos of auction property


Second Floor

  • 3 Bedrooms - carpeting

     


     

  • Full Bathroom - vinyl floor, fiberglass wainscot
    Photos of auction property
     


Basement
Laundry area with washer and dryer
Outside exit


Mechanical
Oil forced air heat
100-ampere electrical service
Gas water heater


The home has been used as a rental property for many years.  It is suitable for continued use as a rental or for owner-occupancy.


MDE Lead Registration Certificate (pdf)


Baltimore County Rental Housing License (pdf)

 

REAL ESTATE TAXES

Published annual real estate taxes for 2013 are $1,728. Purchasers may petition for a reduction in the assessment of their property in conjunction with a purchase price substantially less than the currently assessed value of the property. Purchasers are encouraged to contact the Maryland State Department of Assessments & Taxation concerning the appeals process, and may see the following link for helpful information:
http://www.dat.state.md.us/sdatweb/appeal.html

 

TITLE

The property is sold free and clear of liens, subject to an annual $66.00 ground rent, due the 26th days of January and July in each and every year.  The ground rent is not registered.  Baltimore County Deed Liber 8362, Page 731. 

 

INSPECTION TIME

The home will be open for inspection one hour before the auction.

 

TERMS OF SALE

A $10,000 deposit, payable by certified check or cashier's check, will be required of the purchaser at time and place of sale.  The deposit shall be increased to 10% of the purchase price within 24 hours at the Auctioneer's office.  Balance to be paid in cash at settlement, which shall take place within 45 days.  If payment of the deposit or balance does not take place within the specified time, the deposit shall be forfeited and the property may be resold at the risk and expense of the purchaser. Interest to be charged on the unpaid purchase money, at the rate of 12% per annum, from date of sale to date of settlement.  All adjustments, including taxes, ground rent, all other public charges and assessments payable on an annual basis, and sanitary and/or metropolitan district charges, if any, to be adjusted for the current year to date of sale and assumed thereafter by the purchaser.  The property will be sold in "AS IS" condition, and subject to easements, agreements, restrictions or covenants of record affecting same, if any.  Purchaser assumes the risk of loss from the date of sale forward.  The purchaser agrees to waive the right of inspection for lead paint, as provided under current Federal and State law.   If the Seller is unable to convey good and marketable title, the purchaser's sole remedy in law or equity shall be limited to the refund of the deposit.  Upon refund of the deposit this sale shall be null and void and of no effect, and the purchaser shall have no further claim against the Seller or Auctioneers.  Recordation costs, transfer taxes and all costs incidental to settlement to be paid by the purchaser except where otherwise mandated by local, State or Federal law.  Time is of the essence.


No buyer's premium.

 

FINANCING

See our Financing Page for a list of auction-oriented lenders.